Offers a fiery review of his predecessor. Air b b filing the paperwork following a rough year for that industry intel announcing a 5 billion buy back as tech faces slumping shares it is thursday, august 20, here on cnbc. Good morning. Im dominic chu in for Brian Sullivan stock futures indicating some modest losses. The dow lower by 100 points. Thats an improvement over the last hour. S p off, the nasdaq off by about 20 points. These are losses now after chinas comments saying the country and the United States will hold trade talks in coming days after the talks fizzled. The Central Banks comments knocking the s p 500 from a new intraday high we hit the stock of the morning so far is apple, becoming the first u. S. Listed company to get a market cap of 2 trillion. Doubling valuation in just over two years. For those wondering, a 3 trillion value for apple would be at 761 per share that will happen right before the stock split. We have Geoff Cutmore in the london news room the color of t
With you. Really . The judge how are you . Are you said what have you got . Do you have like chambers there or like, what are you equipped to do if push comes to shove today. You have what do you have at home what have you got. And report on what we report on. Am i the only one. I filled in i filled in recently for a full week and they didnt play the theme music a single time. Hopefully they can make up for it today we didnt hear about it we started having fun. We nip that in the bud pretty quickly. Oh, this is you. Im sorry this is you. So you got that going. Im glad i got up this morning. Lets take a look at equity futures. We try to get a new record on the s p 500. Well see what we can get over the top there. Treasury yields on the rise as of late. 25 last week alone. Theres the ten year not doing too much not all that long ago. We have seen rates starting there and stocks have been on the move well see that new record on the s p this morning. The amount of money were sprinting, i d
Good morning welcome to squawk box here melissa lee is hanging out again with us. Becky is off today for some welldeserved vacation well see her next week. As joe said yesterday, one of the first down days weve seen in a while a little better s p up about 13 and nasdaq looking to open about 45 points higher also showing you treasury yields now you can see where those are standing well flip that around to. 628 on the 10year you thinking about refinancing a mortgage anytime soon, guys . Im as low as they go im good if you have an account where you can use assets for credit line or to make an investment or Something Like that, i remember two or three years ago, i locked this ridiculously low rate if they come to me again and offer another one, it will be lower than it was last time. It was like 2 or 1. 5 when you get money that cheap, dont you think you you are in the drivers seat when rates are this low i dont feel bad about borrowing money at rates like that so you are talking about get
When you say a line, more than two people i think they have to be at work at 6 00 or something. I was upstairs getting my coffee everyone had a mask on but there were six or seven people out there waiting. Were you one of them . I was notone of them. Much better smelling. That would be from your standing and not max cutting the losses in half. Im willing to give that to him . I have to say, Brian Sullivan puts on a very good show i appreciate the lead in i listen because i do my hair and make up about five feet from here energetic at 5 00 a. M he brings it every day. You could be up or down up 2. 3 . S p was up 1. 5 . Both of those averages now on track for the Third Straight gains. This has been an impressive quarter. All the way back to the Fourth Quarter since 98 we have seen three months in a row that have been impressive. If things went south, you could see the s p 500 wipe that out. Those gains are in the green for the month of june. You can see dow futures are down only about 35
Hold a Shareholder Meeting later this week. The British Government considering a contribute the hardest hit part of the economy. This as Boris Johnson prepares to unveil the next phase of easing it may include the social distancing rule. Good morning and welcome to the program. This is the latest as we have shares plunging. They were down more into the start of the session 1. 9 billion euros missing from its accounts may not have existed in the first place the company says that there is a likelihood that the cash that amounts to around a quarter of the Group Balance sheet was never there after the hunt for the missing amount hit a dead end in the philippines over the weekend. It is the preliminary year 2019 and First Quarter 2020 results and forecasts due to the schedule the german finance minister said the supervising institutions have been hard on the card he stepped down on friday. Reaching the philippines and the central bank there says that effectively they are denying that there